Yeh,yeh,yeh FMG,IGO etc except that even your disclosure for these says NOT HELD. You talk about them, just as you talk about MCR (with a different slant), but one only has to look at your past posting to see that you’ve actually put your coin on companies such MBN, TRY and POS (and further back MCR when it was headed for C&M), and come unstuck heavily. You’ve invested materially and emotionally in these later stocks, to your cost.
As for what you say about MCR just about every thing you say is false, and you don’t care, never have. Why? Because when it rose again after you lost your shirt your emotions took over, and they won’t give an inch to truth or objectivity.
Suck it up, because MCR is likely to perform very well with relatively low costs, excellent offtake arrangements and exceptional reserves growth potential (high margin, low capex ore close to infrastructure).
If MCR fails it will very likely because the nickel price has collapsed to a level that will put PAN into C&M again, and leave POS with yet more CRs and still no mining (albeit I am sceptical whether POS would be mining even at $30/lb).
It must be tough watching MCR succeed without being on board.
EL
MCR Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
